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Goldstein Brokers Sale of 24,000 SF

PARAMUS, NJ-A Middletown restaurant and a former car dealership in Upper Saddle River have been sold for a total of nearly $5 million, president Chuck Lanyard tells GlobeSt.com's Debra Hazel.

By Debra Hazel | Updated on August 17, 2011

(Mark Your Calendars: RealShare New Jersey 2011, September 13 in New Brunswick. RealShare New York takes place Oct. 12 at the Marriott Marquis.)

PARAMUS, NJ-The Goldstein Group has brokered the sale of two retail properties for a total of nearly $5 million, the company unveiled. The 6,800-square-foot former Shiki Restaurant at 1735 Route 35 in Middletown has been sold for $2.3 million by Shiki Realty to D&D Management, which will convert the site into a funeral home. Zorm 2009 has sold the former Ramsey Chevrolet dealership, with 17,000 square feet at 145 Route 17 in Upper Saddle River, to Markland 145 for $2.65 million. That site will be redeveloped for a single-use tenant, perhaps a restaurant, says Chuck Lanyard, president of the Goldstein Group.

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